How will I receive money from Online Gift Cards/Vouchers sold?

This article provides information on how you will receive money from Online Gift Card sales.

Payment

PhorestPay payouts are processed daily and take 1 business day to land in your bank account.


How Much Does it Cost?

UK & Ireland

Online Gift Card transactions are subject to a 2.9% + 25c/p processing fee + VAT.

All fees will be deducted before the payout is deposited in your bank account.

Australia

Online Gift Card transactions are subject to a 5% processing fee + GST.

All fees will be deducted before the payout is deposited in your bank account.

Canada

Online Gift Card transactions are subject to a 2.9% + 25c processing fee.

All fees will be deducted before the payout is deposited in your bank account.

USA (with Stripe)

Online Gift Card transactions are subject to a 4% processing fee.

All fees will be deducted before the payout is deposited in your bank account.

USA (with International Bancard)

Transactional fees for businesses in the US using PhorestPay through International Bancard are subject to the information outlined in your agreement with International Bancard.

Was this article helpful?
6 out of 14 found this helpful